Color World Painting franchise
2024 filing · April 16, 2024Fewer locationsShares sales figures
Color World Painting at a glance
A painting company doing residential and commercial painting, deck painting and related services. At the end of 2023 there were 46 Color World Painting locations in the US, 45 franchised and 1 company-owned.
The business
- Franchisor
- Color World New Franchise Systems, LLC
- The company that sells the franchises
- Franchisor based in
- Columbia, Maryland
What you pay
- Cost to open
- $107K–$168K
- Fee, build-out and opening working capital
- Franchise fee
- $49,500
- For a territory of about 75,000 single-family homes; larger territories cost more.
- Royalty
- 6%
- The greater of 6% of gross revenue or a monthly minimum
- Brand fund
- 2%
- 2% of gross revenue, paid with the royalty
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2023
- 46
- Franchised and company-owned
- Franchised
- 45
- Company-owned
- 1
- Change in 3 years
- −33
- Franchised locations, 2021–2023
- States
- 11
- Most in North Carolina, Texas and Florida
From Color World New Franchise Systems, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Color World Painting among all franchises with the same figure.
| Figure | Color World Painting | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $137,450 | Costs less than 80% of franchises |
| Franchise feePaid once, when you sign | $49,500 | Higher than 64% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 46 | More than 63% of franchises |
| Sales per locationYearly, as the brand reports it | $149,062 | Lower than 97% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.1× | Lower than 72% of brands that share sales figures |
How much a Color World Painting franchise costs
Opening one Color World Painting costs an estimated $106,900 to $168,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Color World New Franchise Systems, LLC, 2024 filing, page 27
Color World Painting franchise fee
The franchise fee is $49,500, For a territory of about 75,000 single-family homes; larger territories cost more.. You pay it when you sign the franchise agreement.
Source: Color World New Franchise Systems, LLC, 2024 filing, page 14
Royalty and ongoing fees
| Royalty | The greater of 6% of gross revenue or a monthly minimum. |
|---|---|
| Brand or marketing fund | 2% of gross revenue, paid with the royalty. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Color World New Franchise Systems, LLC, 2024 filing, page 18
Sales and earnings
Shares figures Color World Painting publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average revenue
- $149,062
- Median revenue
- $149,901
Yearly figures for 2023, covering franchised territories of the 11 franchisees open all of 2023 (36 locations). The average is about 1.1 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Color World New Franchise Systems, LLC, 2024 filing, page 64
Growth and closures
Share of franchised locations, 2023 / 2021–2023. Typical means the median: half of brands are above it, half below.
| Measure | Color World Painting | Typical painting brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −10% / −42% | −1.3% / +6.5% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 34% / 74% | 11% / 38% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical painting brand is the median of the 11 brands in painting franchises with three years of counts.
How Color World Painting compares
Of the 22 painting franchises on this site, Color World Painting is the 16th cheapest to open and the 9th largest by number of locations.
| Figure | Color World Painting | Typical painting brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $107K | $96K | $222K |
| Cost to open, high end | $168K | $165K | $477K |
| Franchise fee | $50K | $50K | $40K |
| Royalty | 6% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| Sales per location | $149K | – | $794K |
| US locations | 46 | 42 | 21 |
| Shares earnings figures | Yes | 16 of 22 | 2,147 of 3,352 |
Typical is the median across the 22 brands in painting franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 56 (−22) | 1 | +5 | −27 |
| 2022 | 50 (−6) | 1 | +8 | −14 |
| 2023 | 45 (−5) | 1 | +12 | −17 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Color World New Franchise Systems, LLC, 2024 filing, page 70
Where Color World Painting locations are
At the end of 2023, Color World Painting had locations in 11 states. The most are in North Carolina, Texas and Florida.
- North Carolina8
- Texas7
- Florida6
- New York5
- Ohio5
- Indiana4
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| North Carolina | 8 | 0 | 8 |
| Texas | 7 | 0 | 7 |
| Florida | 6 | 0 | 6 |
| New York | 5 | 0 | 5 |
| Ohio | 4 | 1 | 5 |
| Indiana | 4 | 0 | 4 |
| Nebraska | 4 | 0 | 4 |
| Alabama | 3 | 0 | 3 |
| Colorado | 2 | 0 | 2 |
| Kentucky | 1 | 0 | 1 |
All 11 states
| Michigan | 1 |
|---|
Source: Color World New Franchise Systems, LLC, 2024 filing, page 72
Who owns Color World Painting?
Color World Painting franchises are sold by Color World New Franchise Systems, LLC. It is a subsidiary of Color World Topco LLC.
Color World Painting is one of the 14 Authority Brands franchises here. Funds advised by private equity firm Apax Partners. They bought Authority Brands from PNC Riverarch Capital in 2018, and British Columbia Investment Management took a large minority stake in 2022 while Apax kept majority control.
From Color World New Franchise Systems, LLC’s 2024 filing, page 6; Franchising.com.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Color World New Franchise Systems, LLC, 2024 filing, litigation on page 14, bankruptcy on page 14
Color World Painting filings
The figures on this page come from Color World New Franchise Systems, LLC’s 2024 filing, issued April 16, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 16, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other painting franchises
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